2 papers
math.OC2019
Stochastic Clearing Systems with Multiple Input Processes
Bo Wei, Sila Cetinkaya, Daren B. H. Cline
In this paper, we consider stochastic clearing systems with multiple drifted Brownian motion inputs. First, we propose an instantaneous rate policy, which is shown to be the optima…
math.OC2019
Analytical Results on the Service Performance of Stochastic Clearing Systems
Bo Wei, Sila Cetinkaya, Daren B. H. Cline
Stochastic clearing theory has wide spread applications in the context of supply chain and service operations management. Historical application domains include bulk service queues…